Posted in Trends

Unemployment Rate Falls to Lowest in More Than Two Years, Thanks to Small Businesses

Photo courtesy of
Photo courtesy of

The November 8.6 percent jobless rate is down from the 9 percent reported in October. The last time the employment rate was 8.6 percent was in March of 2009. November’s job creation was steady, with employers reporting they added 120,000 people to their payrolls. The latest numbers are driven in part by small businesses that finally see reason to hope and hire.

The 120,000 jobs created in November is not an abstract figure for me personally or for a local small business in Brooklyn. I am actually one of the 120,000 new hires, thanks to the owners of Bogota Latin Bistro in Park Slope who officially hired me as their communication manager. In the past two months I have witnessed first-hand the power of small businesses and the incredible impact these organizations have on our nation’s  economy.

So remember to continue to support your local small businesses. It truly makes a difference.